EconomyBitcoin ETFs erase $5.7 billion deficit as profit-taking absorbs fresh demand
US-listed Bitcoin ETFs attracted more than $1.7 billion this week, reversing a $5.69 billion year-to-date deficit. BlackRock’s IBIT captured a large share of the buying, but Bitcoin’s climb toward $88,000 prompted short-term holders to send about 47,600 profitable BTC to exchanges. The resulting profit-taking has slowed the rally despite continued ETF inflows.
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CryptoSlate★★☆☆☆2026-09-23 15:10Original
Bitcoin ETFs erase $5.7 billion deficit as profit-taking absorbs fresh demand
Economy